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A transfer agreement is a legally binding document that conveys ownership from one person or entity to another. Transfer agreements are used to sell real estate, businesses, and other tangible assets as well as intellectual property such as computer code, song lyrics, and industrial processes.
how agreement is a legal contract between two parties that outlines the terms and conditions for the transfer of knowledge, expertise, and technical information from one party to another.
Each Party shall deliver to the other all Know-How Controlled by it or its Affiliates and requested by the other Party from time to time, pursuant to the exercise by such other Party of any of the licenses granted hereunder.
A transfer agreement is a legally binding document that conveys ownership from one person or entity to another. Transfer agreements are used to sell real estate, businesses, and other tangible assets as well as intellectual property such as computer code, song lyrics, and industrial processes.
Each Party shall deliver to the other all Know-How Controlled by it or its Affiliates and requested by the other Party from time to time, pursuant to the exercise by such other Party of any of the licenses granted hereunder.
Know-how refers broadly to any non-public information that individuals or companies acquire regarding how to or more easily use something in a business. The term is extremely broad and its nature depends on the knowledge being discussed.